Diverting their focus from the prevailing volatility in the crypto market, Hong Kong (HK) is keenly advancing towards crypto and Web3 adoption. This is evident from the crypto regulatory actions and Web3-centric events scheduled in the region. On Wednesday, Binance CEO Changpeng Zhao (CZ) connected in a candid virtual interview
While the rumor about the founder of Tron, Justin Sun, circulated over social media, Binance US, the world’s largest cryptocurrency exchange, announced that the platform will delist the TRX token starting on April 18, which is connected to Justin Sun’s Tron crypto platform. That resulted in a decline in the
Recently, Justin Sun, the creator of Tron (TRX), spoke out to the public following a rumour circulating within the crypto market claiming he had been arrested. The speculation emerged after a tweet from the ex-diplomatic representative for Grenada to the World Trade Organization (WTO). That contained the number “4” –
In an effort to further crypto adoption in Africa, cryptocurrency exchange Binance has announced a partnership with video streaming provider Showmax. As per reports, 500 Binance users in Nigeria would get a free month of Streaming after signing up to actively participate in Web3. Binance’s West Africa Marketing Director Emmanuel
Following a thorough review of the transactions related to the recent hack, it has been discovered that none of the stolen funds were deposited into Binance. However, CZ Changpeng Zhao said on Twitter that it had been found that a portion of the hacked funds was deposited into MEXC and
Whale Alert, the cryptocurrency transaction tracker, and analyzer reported that in the last 24 hours, the polygon (MATIC) token witnessed six massive whale transactions. According to the Whale Alert report, there were 140 million Polygon tokens moved by whales in the last 24 hours. The top transaction of the day
In the wake of the FTX’s fall, most regulators and lawmakers worldwide are tightening their regulatory stance towards the crypto industry. Specifically, the US regulators — SEC, and CFTC – pulled in major crypto exchanges including Binance, Coinbase, and Kraken under their keen regulatory radar. Binance, the largest cryptocurrency exchange,
The largest cryptocurrency exchange in the world, Binance, reported that its “Futures users were experiencing some wide problems with the platform.” It stated that its team is attempting to find a solution and that users will receive updates as they become available. Changpeng Zhao (CZ), CEO of Binance, made the
A recent tweet states that Binance’s U.S. division faces challenges finding a suitable new banking partner. The objective is to see a financial institution that can securely handle the cash deposits made by Binance users. Binance’s U.S. arm is actively searching for a new banking partner after the recent collapse
On Thursday, the Australian Securities and Investments Commission (ASIC) said that it would be revoking Binance’s Australian financial services (AFS) licence, which had been issued to the company under the name Oztures Trading Pty Ltd. In response to Binance’s request for cancellation, ASIC confirmed that the termination of the licence
